General Liability Insurance

Despite its name, a commercial general liability insurance for contractors policy does not cover all liability losses. Each policy specifies what it covers and what it does not. To learn more, read your policy or seek the advice of a licensed attorney or insurance agent. Ultimately, the insurance policy is meant to protect you and your business from the risks that may arise.

Contractor General liability insurance is essential for most businesses. Without it, you may find yourself facing catastrophic financial consequences. The costs of paying for a lawsuit can break even the smallest businesses. But fortunately, commercial general liability insurance policies provide indemnity and legal defense for businesses in the event of a third-party lawsuit.

This type of coverage is designed to protect businesses from lawsuits brought against them for damages resulting from an accident, a breach of a legal contract, or an injury to a third-party. For example, if a customer slips and falls on a slick floor, a commercial general liability insurance for contractors policy will cover the medical expenses of the customer as well as the legal costs of the business to defend against a lawsuit.

Commercial general liability insurance (CGL) is an insurance policy that covers a wide range of business risks. These risks include property damage, business interruption, and lawsuits. This type of insurance policy is essential for any business, whether it is big or small. This article will discuss the cost and requirements of general liability insurance, as well as additional coverage.

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When choosing the General Liability Occurrence Limit for your business insurance policy, you will need to consider a few factors. For example, if your business faces more risks than others, you should choose a higher limit. On the other hand, if your business is less risky, a lower limit may be enough. The best way to determine which limit is right for your business is to talk to an insurance agent. Your agent can help you determine the right amount for your business and protect you from the financial burden of lawsuits.

Another thing to consider is supplementary payments. Supplementary payments are expenses that do not count toward your limit. These may include legal defense expenses, bond fees, and prejudgment interest. But if the amount of the supplementary payments exceeds your per-occurrence limit, you can consider those expenses to be a benefit of the policy.

The occurrence limit for general liability insurance relates to how much the insurer will pay out for each individual claim. The minimum limit is typically one million dollars. A policy’s occurrence limit will depend on the circumstances of the specific incident. For example, a business may have eight claims arising from one negligent act. Those claims may all be treated as one occurrence, or they may be considered separate occurrences. Regardless, the liability insurer is not required to pay out more than the limit for each individual claim.

The per-occurrence limit can also be a great way to protect your business from unexpected costs. A $1 million per-occurrence limit, for instance, would only pay out one incident, while an aggregate limit of two million would cover all possible incidents. When choosing a per-occurrence limit, business owners should weigh the risk of a single expensive incident against the risks of a few minor incidents. The higher per-occurrence limit, the lower risk of an incident, for the business.

Your General Liability Aggregate Limit will determine the amount of financial coverage that your insurance policy will cover. This limit is typically used by contractors or businesses that handle projects on a regular basis. For example, a painting contractor may perform hundreds of painting jobs throughout the policy year. To make sure that your policy provides enough coverage for every project, make sure to purchase a general aggregate limit that covers all of your project-related work.

You can raise your general aggregate limit by adding additional insureds to your policy. This is a good way to increase the amount of coverage available to your business. This way, you can protect a number of parties. The general aggregate limit is one of the most important aspects of a liability insurance policy.

Your General Liability Aggregate Limit is the maximum amount of insurance that your policy will cover for all losses and lawsuits that occur during your policy’s term. This amount applies to all kinds of covered claims, including personal injury, advertising injury, and property damage. It’s also important to note that a policy’s per claim limit is an additional limit that you should understand and select.

A general liability insurance policy may have several different types of limits. There is a general aggregate limit, which applies to all types of liability claims, and per-occurrence limits that apply to specific incidents. Both types of liability insurance will have general aggregate limits. The latter type is often referred to as commercial general liability (CGL) insurance.

General Liability Product Completed Ops insurance covers injuries or damages caused by your business’s products, and completed operations. The coverage can protect your business from the costs associated with defending against claims. This type of insurance is often obtained through a business owners’ policy or general liability policy. However, it is important to note that certain policies may exclude certain kinds of claims.

While a policy that excludes products and completed operations may lower your overall premium, it may not provide enough coverage in a product liability lawsuit. It is important to consider the cost of a product liability lawsuit before you choose a policy. For example, if you sell children’s toys, a general liability policy with product-completed operations coverage may be the right choice. This type of coverage would protect you if a toy was defective and injured a customer.

General liability product completed operations coverage is an important part of any business’s policy. Many manufacturers purchase this coverage for their products. Product-liability suits often involve multiple plaintiffs and incidents. This type of coverage is written on an “occurrence basis,” meaning an incident outside of your business’s premises can trigger coverage.

Product liability claims typically are brought against the manufacturer or seller of a product. These types of claims arise because a product does not meet ordinary consumer expectations. Fortunately, most general liability policies include product-completed operations coverage.


General Liability insurance for contractors covers a range of potential risks. This type of insurance provides protection against claims for bodily injury and property damage. It also covers the legal expenses incurred as a result of an accident. Coverage limits for this type of insurance vary from company to company and may include both occurrence and claims-made insurance.

When shopping for general liability insurance, it is important to carefully review the terms and conditions. Many policies contain onerous endorsements and exclusions. These should be avoided or negotiated. If possible, seek out a general liability policy that does not include these clauses. This will help you determine whether or not your insurance covers the type of risks you are likely to face.

General liability insurance is a critical part of any construction project. In the event that a subcontractor is not adequately insured, the project owner could be left open to lawsuits, which would put their financial future at risk. It is also essential for the subcontractor to be insured against lawsuits from third parties, as a lawsuit could leave you and your company in the hot seat.

When considering a general liability insurance policy for your subcontractors, it is important to ensure that you are able to obtain the appropriate coverage. The insurance policy will provide protection for your company in the event that your subcontractor’s workers are injured on your jobsite. Additionally, the policy must include provisions for additional insureds.

General Liability Quote

A commercial general liability insurance for contractors policy is a great way to protect your company from lawsuits and liability claims. This coverage protects you against claims for bodily injury or property damage, and it covers the legal costs for defending or settling claims. As your business grows, general liability insurance becomes even more important. Whether you run a brick-and-mortar store or operate a website from home, general liability insurance provides peace of mind when lawsuits are a threat.

When it comes to getting general liability insurance for your business, the first step is figuring out how much coverage you need. The amount of coverage you need depends on the types of services you offer and the number of employees you have. The higher the coverage limit, the more expensive your premium will be.

If your business sells products, you may also need to purchase products liability insurance. This type of insurance will protect you from liability when a customer or employee is injured or property is damaged.

It is a standard policy of PBIB to quote, using multiple carriers.

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Contact us by submitting a business inquiry online or get a quote now. Pascal Burke is 100% Dedicated to Contractors – It is Pascal’s standard policy to quote using multiple carriers and save you up to 40% on the contractor’s insurance policy. 

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